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BEIJING: China’s economic risks are building in the second half of the year, with growth set to slow while inflation pressures are picking up, clouding the outlook for central bank support.
KUALA LUMPUR: The Malaysian Institute of Economic Research (MIER) has introduced two new indicators to measure the Malaysian economic and cost of living growth, namely the genuine prosperity indicator (GPI) and cost of living indicator (CLI).
KUALA LUMPUR: Malaysia's inflation rate fell below 1% in June, which was the first time in 40 months following the abolishment of the Goods and Services Tax (GST) , disocunted prices by retailers and price control due to the festivities.
PETALING JAYA: Headline inflation, as measured by the consumer price index (CPI), rose 3.2% in July compared with the same month a year ago on higher transport costs following the gains in fuel prices.
NEW YORK: US stocks were slightly higher at the open on Friday as June consumer price index data indicated benign inflation that could test the Federal Reserve’s resolve to raise interest rates for a third time this year, while investors parsed earnings reports from big banks.